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How Newsroom Cuts Leave Black Communities Even More Susceptible To Online Misinformation
Journalists should be concerned about newsroom cuts, but the Black community and lovers of democracy must be alarmed, too. Here's why. The post How Newsroom Cuts Leave Black Communities Even More Susceptible To Online Misinformation appeared first on NewsOne.
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Source: NewsOne
Why Future Africa and TLG Capital just created a $25 million debt financing programme | TechCabal
“Generally debt funding preserves founders' ownership. Right now equity is harder to find plus the terms are most likely not going to be friendly because of the market environment,” Aboyeji told TechCabal.
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Source: TechCabal | Leading Africa’s Tech Conversation
Ask an Investor: Twelve insights from Africa’s top investors | TechCabal
In the past year, we interviewed 12 investors who shared their thoughts on what investors look out for in founders and startups before investing, mistakes made, key trends, and other relevant nuggets. #AskaAnInvestor
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Source: TechCabal | Leading Africa’s Tech Conversation
Yahoo is laying off 20% of its staff | TechCabal
According to its latest financial figures, Yahoo, which was acquired in 2021 from Verizon by Apollo, a global private-equity firm, for $5 billion, is profitable and brings in roughly $8 billion in annual revenue.
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Source: TechCabal | Leading Africa’s Tech Conversation
22 things that happened for the first time in 2022 in the African tech scene | TechCabal
Here’s a list of 22 things that happened for the first time in the African tech scene this year.
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Source: TechCabal | Leading Africa’s Tech Conversation
What do the Google layoffs mean for Africa?
One Noogler who spoke to TechCabal anonymously said, “The tension is real and fingers are crossed.” Four other Nooglers who spoke to TechCabal confirmed that, although nobody has been laid off in their country, the anxiety during this wait time is a serious one.
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Source: TechCabal | Leading Africa’s Tech Conversation
Ghanaian Float acquires Nigerian cloud-accounting startup Accounteer
This acquisition will allow @floatcash to provide bespoke accounting services to its users and extend credit to over 14,000 small businesses already using the @accounteer platform for their bookkeeping.
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Source: TechCabal | Leading Africa’s Tech Conversation
African investors love fintech. But there's an opportunity cost | TechCabal
Fintech is the darling of the technology sector in Africa. Investors hail it as key to unlocking innovation in other areas. But at what cost?
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Source: TechCabal | Leading Africa’s Tech Conversation
Employees are resigning at Future Africa as the VC transitions into a venture studio | TechCabal
“As part of its planning for every fund, Future Africa makes staffing changes to better align with its renewed vision and plans for the years ahead. We provide generous exit packages to staff who decide to transition...," Iyinoluwa Aboyeji
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Source: TechCabal | Leading Africa’s Tech Conversation
👨🏿‍🚀 TechCabal Daily - Starlink launches in Nigeria | TechCabal
Yesterday, Nigeria became the first African country where Starlink became active. While the hardware costs ₦274,098 ($595), Nigerians may pay up to ₦440,000—$869 via CBN’s official rate of $460 to ₦1—while using virtual dollar cards. More in #TCDaily.
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Source: TechCabal | Leading Africa’s Tech Conversation
Ascension confirms layoffs in Texas
AUSTIN (KXAN) — Healthcare company Ascension has confirmed it laid off employees in Texas. KXAN asked the healthcare provider for more information about how many employees were laid off, what positions were impacted and if affected employees received severance packages. This was Ascension
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Source: Homepage news - The Black Chronicle
'Labor Hoarding' Might Save You From Layoffs
With the economy slowing down, you would think that layoffs would be ratcheting up. But that’s not the case. Despite high-profile layoffs at companies such as Netflix, Snap, and Better.com, the national average of layoffs hasn’t changed much in many months, according to the Bureau of Labor
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Source: Homepage news - The Black Chronicle
🚀Entering Tech #005 - How to become a product designer | TechCabal
In this edition of #EnteringTech🚀, Barbara Odusola-Stevenson (@barbarastevensn) tells all about her journey from practising as a medical doctor to becoming a self-taught product designer. Her reason? She wanted to know more about people and what they build.
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Source: TechCabal | Leading Africa’s Tech Conversation
Entrepreneur Jasmine 'Jazzy Mac’ McCall says ‘Build Your Credit’   - Los Angeles Sentinel
Jasmine “Jazzy Mac” McCall is one of the thousands of ambitious and skilled African American female entrepreneurs stepping up to the proverbial plate to deliver her version of Black
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Source: Black News Black Press | Los Angeles Sentinel | Los Angeles Sentinel | Black News
Can tech founders build a business from the "abroad"? | TechCabal
Remote work has made it easier for startup employees to work from different parts of a country or the world, and for founders to run their startups from outside the country.
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Source: TechCabal | Leading Africa’s Tech Conversation
Unlocking the billion-dollar carbon credit market for Africa’s cleantech startups | TechCabal
By selling carbon credits in the International Voluntary Carbon market, Africa’s clean-energy providers can shore up their revenues, expand their product offerings and serve more people.
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Source: TechCabal | Leading Africa’s Tech Conversation
🚀Entering Tech #002: How to land your first tech job | TechCabal
What should you be doing when you're searching for your first tech job? Where can you find these jobs? In this week's edition of #EnteringTech🚀, tech recruiter Joseph Gichuhi @JosaG_ lays down the dos and don'ts for all first-timers.
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Source: TechCabal | Leading Africa’s Tech Conversation
Microsoft becomes latest tech firm to cut staff
Illustration: Natalie Peeples/Axios Microsoft announced layoffs across multiple divisions on Monday, Axios has confirmed. Why it matters: The move is yet another example of large tech companies cutting jobs after earlier moving to slow or freeze hiring as the broader economy
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Source: Homepage news - The Black Chronicle
Y Combinator selects 5 African startups for its S22 batch
Out of 146 applications from around the globe, 5 African startups have been accepted into Y Combinator’s Summer 2022 (YC S22) batch.
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Source: TechCabal | Leading Africa’s Tech Conversation
How Tijan Watt is building a pan-African VC from Dakar
Wuri Ventures has advised over 20 startups and invested $2m across 14 deals including Nestcoin, Carry1st, Norebase, and Whereismytransport.
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Source: TechCabal | Leading Africa’s Tech Conversation
Furloughed B&H workers accuse company of discrimination
Some furloughed employees at B&H Photo Video fear that they lost their jobs for good — and claim it’s because they reported unsafe working conditions during the coronavirus outbreak.
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Source: New York Post
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🚀Entering Tech #011: How to write a stellar CV | TechCabal
CVs are personalised sales pitches, and in many cases, they're the first impression your future colleagues might have of you. In this edition of #EnteringTech🚀, you can learn how to sell yourself on paper with these five tips on writing stellar CVs.
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Source: TechCabal | Leading Africa’s Tech Conversation
Africa is producing more purpose-driven startups | TechCabal
There’s never been a more exciting time to be in the startup space in Africa. The number of local startups that have secured funding between 2015 and 2020 has increased by 46%—a growth rate 6 times faster than the global average, according to a recent BCG report. The very nature of the startups in
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Source: TechCabal | Leading Africa’s Tech Conversation
Venture funding is slowing down globally. Should African startups be concerned? | TechCabal
A global slowdown in startup investing may mean that startups looking to raise growth-stage capital will meet stiffer
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Source: TechCabal | Leading Africa’s Tech Conversation
👨🏿‍🚀 TechCabal Daily - Korapay and Kandon Kleared | TechCabal
Nigerian fintechs Korapay and Kandon have been cleared of all money laundering allegations in Kenya. In July, Kenya's Asset Recovery Agency (ARA) obtained a court order to freeze Ksh 44.5 million ($376,000) in the fintechs account. More in #TCDaily.
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Source: TechCabal | Leading Africa’s Tech Conversation
The benefit of brand storytelling
Tech PR has evolved. The traditional days of hyper- focused comms around speeds, feeds, and services are waning. Media and core audiences want to know more than just what a company does. They want to know why you do it.
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Source: TechCabal | Leading Africa’s Tech Conversation
🚀EnteringTech #006: Five soft skills you need to learn | TechCabal
Becoming a baller isn't just about learning hard mechanical skills, you also need some soft skills. In this edition of #EnteringTech🚀, experienced recruiters tell us the top 5 soft skills everyone should learn if they want to stand out at work.
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Source: TechCabal | Leading Africa’s Tech Conversation
Inside the event where founders and investors pitch and judge each other | TechCabal
Christophe Viarnaud’s belief is that any successful deal has to be balanced, and that starts with each side of the deal being placed on the same level. So he built a platform where founders and investors participate in a pitching contest.
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Source: TechCabal | Leading Africa’s Tech Conversation
Bed Bath & Beyond announces store closures, layoffs and new financing in push to fix struggling business
A Bed Bath & Beyond store is seen on June 29, 2022 in Miami, Florida. Joe Raedle | Getty Images News | Getty Images Bed Bath & Beyond said Wednesday that it secured more than $500 million in new financing and that it is closing stores and laying off staff as it seeks to fix
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Source: Homepage news - The Black Chronicle
👨🏿‍🚀 TechCabal Daily - 5G in Zambia | TechCabal
Last week, MTN became the first mobile operator to launch 5G commercially in Zambia. The service covers approximately 65% of the population in the cities of Lusaka, Kitwe, and Ndola, as well as parts of Chingola, Solwezi, and Kalumbila. More in #TCDaily.
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Source: TechCabal | Leading Africa’s Tech Conversation
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Ventures Platform launches a $40m fund, invites Seni Sulyman as venture partner | TechCabal
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TechCabal Daily - The crypto game 🎮 | TechCabal
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DAOs are the next big thing. But what are DAOs? | TechCabal
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